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A small slippage in Galway land prices over 2013

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LAND prices in Galway slipped by nearly 5% from 2012 to 2013 with an average price per acre of just €6,800 recorded for last year, according to the Irish Farmers Journal latest land price report.

The report – covering land prices for every county in Ireland – shows that land prices in Galway varied from a low of €2,600 per acre last year to a high of €11,900 an acre.

Almost 5,000 acres of land was put on the market in Galway last year – almost exactly the same as 2012 – putting the county as fourth largest in terms of volumes offered, behind Cork (10,316 acres), Tipperary (6,648) and Meath (5,087).

According to the Farmers Journal Land Price Report 2013 published last week, one notable characteristic of the Galway land market was the high number of small parcels of land coming on the market.

Eighty of the farms up for sale last year were less than 40 acres with just seven properties of over 100 acres. Last year the average price per acre achieved was €6,827, down 4.7% on the previous year when the average was €7,168.

Editor of Land Price Report 2013, Shirley Busteed, said that nationally, the average price for land last year fell by €500 per acre to €9,400 from 2012 to 2013.

“This is not a major fall by any means but is still noteworthy. In general terms, the price of land across the country is steady.

“Values fell in 15 counties and increased in nine others but most of the percentage increases or decreases were less than 10%,” said Shirley Busteed.

Some of the factors affecting land sales, she said, included access to finance, commodity prices and neighbouring farmers ‘competing’ for land in the area.

The survey lists some of the notable transactions in the Galway area during 2013.

• Portumna: 47.7 acres sold for €490,000 or €10,200 per acre.

• Killimor: 41.6 acres sold for €425,000 or €10,200 per acre.

• Oughterard: 12.8 acres sold for €66,000 or €5,100 per acre.

• Oughterard (close to village): 32.4 acres sold for €345,000 or €10,600 per acre.

• Eyrecourt: 47 acres (residential) sold for €400,000 or €8,500 per acre.

• Ballyconneely: 35 acres (residential) sold €287,000 or €8,200 per acre.

• Portumna: 71 acres (all together) sold for €567,000 or €7,900 per acre.

The biggest farm to be offered for sale was Bermingham House near Tuam – a Georgian mansion standing on 200 acres with a stone courtyard.

Connacht Tribune

Tractor run will remember a local legend

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Some members of the 10-person organising committee for the PJ Mahoney Memorial Tractor Run that takes place in Ardrahan on Sunday, December 11. (Left to right): Anthony Whelan, Brian Kilkelly, Declan Sylver, Patrick Mahoney and Aonghusa Fahy. Absent from the photo are: Mary Forde, Lena Taylor, Conor O’Dea, Gerald Harney and Mícheál Kelly.

THE PJ Mahoney Memorial Tractor Run will take place on Sunday, December 11, in memory of a very well-known and highly regarded figure within the Ardrahan and South Galway local community, who passed away just a year ago this month.

PJ Mahoney was steeped in farming and the GAA and for this he was known far and wide. He was a talisman for Ardrahan GAA, playing in goals for the senior hurling team when they won county hurling titles in 1974, 1975 and 1978.

All down through the years, he was a most dedicated and guiding servant to the club up until his untimely death in a road accident last year.

PJ farmed locally throughout his life and was well known as an agricultural contractor in both Galway and North Clare, a business carried on by his son Patrick.

There are many tales and anecdotes of PJ Mahoney that still bring a smile to the faces of those recalling them.

He was a keystone in the local community, the neighbour you could always call on, and indeed the neighbour that didn’t need to be called upon as he would turn up to help regardless.

For more, read this week’s Connacht Tribune.

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Connacht Tribune

More info needed in land rezoning changes

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Albert Dolan: Start building houses for our young people.

A BIGGER effort needs to be put in by local authorities to notify farmers close to towns and villages – whose land is zoned as residential – according to a number of councillors at this week’s meeting of Galway County Council.

Independent councillor for the Athenry-Oranmore electoral area,  Jim Cuddy, told Monday’s meeting at County Hall that landowners should be written to by the Council to inform them if they had land zoned as residential.

“They should at least be informed that their land has been zoned as residential and will be liable for tax [3% of value]. Some of those people just don’t know if their land has been zoned as residential – they’re just hearing rumours,” said Cllr. Cuddy.

According to Cllr. Pete Roche (FG) there was an onus on the Council to get the information ‘out there’ about zoned land through the various media outlets. However, Cllr. Michael Connolly (FF) said that the issue of land zoning and tax was a decision taken by central government.

“This is national legislation – the local authority can’t be taking this on – we can’t be carrying the can for central government,” added Cllr. Connolly.

Cllr. Albert Dolan (FF) said that young people like himself ‘had damn all chance of buying a house’, adding that this tax wouldn’t be coming into force until 2024. “We need to start building houses for our young people,” he added.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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Connacht Tribune

Galway is top of the table for payments in GLAS

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Galway IFA Chairman, Stephen Canavan

GALWAY tops the league both in terms of payment total and farming numbers for the GLAS environmental scheme, the latest figures from the Dept. of Agriculture reveal.

Almost €13.7 million is being paid out in the 2022 Advance GLAS Payments to 3,951 farmers in Galway – averaging out at nearly €3,500 per farmer.

Mayo comes second on the payments list with over €12.4m being paid out to 3,683 farmers – equating to an average payment of just under €3,400 per applicant.

The importance of GLAS payments to the western seaboard counties is also highlighted by the fact that Donegal comes in third on the pay league, with €9.54m being paid to 3,026 farmers in that county – averaging out at just under €3,200 per applicant.

Galway IFA Chairman, Stephen Canavan, said that the uptake in GLAS across the whole western region highlighted the importance of the scheme to farmers in the more marginal areas.

“While we had hoped that the ACRES would be of a similar nature to GLAS, farmers here in the West still should definitely give serious consideration to applying for inclusion in the new scheme,” said Stephen Canavan.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

 

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